Yes much like steve jobs he is a visionary. But so far the cars from tesla are super expensive high end types not for common man. Cost and practicality wise its an uphill battle. IIRC, tesla is trading at crazy pe 190
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(13-03-2015, 11:16 AM)BlueKelah Wrote: [ -> ]Yes much like steve jobs he is a visionary. But so far the cars from tesla are super expensive high end types not for common man. Cost and practicality wise its an uphill battle. IIRC, tesla is trading at crazy pe 190
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Agree that PE is currently extremely high. Everyone is betting on his battery storage facility for renewable energy to take off, which if it does, will change everything. Utility companies will be hit the hardest, followed by coal suppliers who supply conventional fuel to backup power from the grid.
True that the car is not for common man but interestingly, there are so many people driving the Testa S in Hong Kong where I am currently based. I think I see more Testa S cars than I see Ferarris and Porsches.
Its just novelty factor, many were.driving prius to show.off before. If hybrids not taking off as much as expected, then unlikely pure elec. Car will succeed. At least toyota, honda have their normal car model to support.
In the event sales stagnant, shares will take a massive plunge. No idea on what the debt and leverage is in the company,if high theycould bankrupt or sold to apple later on.
I dun see any Tesla cars in formula one hehehe.
The fact is that there have been a numbers of reported fire incidents involving Tesla in US. I do agree that the company is riding on the right trend, but it won't last long if wrong strategies are being adopted.
Speaking of which, I was at PML looking at the BMW i8 (and ermm.... the i3 as well).
The salesman made a very interesting point. He said that driving such cars required a total change of mindset, like the driver cannot anyhow switch on air con and leave car on idle cos it will deplete the battery and shorten the battery range. And, for singapore, its lagi more jialat cos its necessary to have a landed house or home somewhere with access to a socket. That means, some kids can purposely come to unplug and disturb. -_-
My last question to him was, what if I bring the i8 to malaysia? He was like..... I looked at him with that thought floating in my mind "nevermind-my-japanese-car-does-the-m'sia-runs-better".
My japanese car will surely overtake the i8 before KL. lol.... cos the i8 probably will run out of battery before reaching its destination in kl, especially with the horrible traffic jams. Still, electric cars are an amazing concept today.
The whole point is, you guys are right. Its a company of the future. For it to take off in singapore, that infrastructure has to be present. If not, buying an i8 or i3 is quite challenging. Imagine after dinner and the car battery is flat. Its not even possible to run to a petrol station to purchase a bottle of gasoline. It will be many years before this thing about electric cars take off and things in singapore are taking place a bit slowly.
PS: OT, the i8 is an amazing animal though..... unfortunately didn't have the chance to test drive. Sigh.... don't look rich enough and no ammo for such expensive purchases. The Mclaren P1 suffers the same fate (for the moment). Till then.... I shall be happy with my little japanese car. Or rather, keep the japanese car and put the rest of market in equities.
fuel cell sir,
slot in new fuel cell and drive off for next 300km!